Stocks in Focus on July 25, 2022: SHR and PSL

Kaohoon Online has selected stocks with a high-growth potential for investors to consider on July 25, 2022.


Finansia Syrus Securities (FSS) has given a “BUY” recommendation on S Hotels and Resorts Public Company Limited (SET: SHR) with a target price at ฿5.20/share.

FSS expected the loss to decrease to THB62 million in 2Q22 from THB199 million in 1Q21 due to continued revenue recovery, in line with tourism. It would support ADR to increase. In particular, the ADRs in the U.K. and the Maldives were already higher than their pre-covid period by 15-30%. It should support RevPar to continue to grow.

FSS expected SHR to turn profitable from 3Q22 onwards. Also, it tumbled in the past month, widening its upside. SHR currently trades at a PBV of only 0.8x.

It has support at Bt3.80-3.70 and resistance at Bt4-4.10.


Kasikorn Securities (KS) has given a “BUY” recommendation on Precious Shipping Public Company Limited (SET: PSL) with a target price at ฿25.50/share.

KS expected upsides to maintain for the rest of the year and continue into next year amid higher demand for dry bulk from Chinese stimulus measures through its infrastructure investment and a remodel in Ukraine after the war ends in the future.

KS stated that the upside is excluding the two new vessels.